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227 Cherry Street in the SkyscraperPage Database

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  #1  
Old Posted Feb 2, 2013, 2:12 PM
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Smile NEW YORK | 250 South St ( 227 Cherry ) | 847 FT / 258 M | 72 FLOORS

Everything comes back from the dead it seems. Extell development prepares a large development for this site.



The older proposal...

http://ny.curbed.com/archives/2007/1...f_fun.php#more

LES Pathmark Site: $250 Million, 50+ Stories of Fun








November 1, 2007, by Joey Arak

Quote:
The rumor, it appears, is at least somewhat true. Racked ran a tip from someone who claimed the Pathmark on Cherry Street, near the East River in the Lower East Side/Two Bridges realm, is for sale, and the land had already been snatched up by Donald Trump. Then this Downtown Express story turned up that contained whispers of a new skyscraper going up in the Pathmark's place. Well, good things come to those who Google, because a tipster found a Developer Resource Group PDF sales brochure for the Pathmark site just by searching for the address.





http://ny.curbed.com/uploads/227CherryStreetpdf.pdf
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  #2  
Old Posted Feb 2, 2013, 2:18 PM
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http://www.downtownexpress.com/resid...ark-closure-2/

Residents, politicians rally against L.E.S. Pathmark closure





BY SAM SPOKONY
October 17, 2012

Quote:
Around a hundred Lower East Side residents gathered alongside community leaders and politicians on Wed., Oct. 10 to rally against the impending closure of a Pathmark supermarket, which would pave the way for a largely unwelcome, upscale residential development. “This community is stunned that we will very soon be deprived of a very basic need in our neighborhood,” said Victor Papa, president of the Two Bridges Neighborhood Council, at the rally outside the Pathmark at 227 Cherry St. “And that need is the affordable food and medicine that this [supermarket and pharmacy] has provided for nearly three decades.”

A&P, which owns Pathmark, announced on Sept. 28 that the Cherry Street supermarket will close at the end of December due to the sale of its lease to an unidentified party. An A&P spokesperson said the corporation is relinquishing the lease to accommodate a “large scale residential development and improvement project, while preserving the right to operate once the project is complete.”

State Assembly Speaker Sheldon Silver, who helped lead a similar and successful fight in 2007, when the Cherry Street Pathmark was in danger of being replaced by a residential development, gave spirited and optimistic remarks at Wednesday’s gathering. “We’ve fought this battle before, and we’ll fight it again,” Silver told the crowd — before adding, amid cheers, his firm belief that, “We’ll win!”

Papa later explained that, although he hasn’t received confirmation, he has good reason to believe that the developer now in control of the 227 Cherry St. lease is the Extell Development Company, which is led by Gary Barnett. A spokesperson representing Barnett declined to comment.

Extell’s residential properties are all massive luxury apartment buildings.

The company is currently constructing the 90-story One57 building in Midtown, which, at just over 1,000 feet, will be the tallest residential building in the city once it is completed next year. One57’s duplex penthouse sold for over $90 million last May.
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  #3  
Old Posted Feb 2, 2013, 2:23 PM
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http://www.downtownexpress.com/pathm...munity-leader/

Pathmark closes, but C.E.O. will meet with community leader





BY SAM SPOKONY
December 29, 2012

Quote:
Lower East Side community leaders are optimistic about the progress of a survey aimed at helping the Two Bridges neighborhood strengthen its local food economy, following the Dec. 22 closing of a Pathmark supermarket that had for nearly three decades been a lifeline for that neighborhood’s elderly and low-income residents.

In an interview last Friday, Victor Papa, president of the Two Bridges Neighborhood Council, expressed his confidence about the project — which also aims to produce a local grocery-shopping guide — and said that results of the community food survey will play an important role in his upcoming meeting with A&P C.E.O. Sam Martin, which will take place in Two Bridges on Jan. 7.

A&P, which owns Pathmark, sold the supermarket’s 227 Cherry St. lot earlier this year to an unnamed buyer that is widely believed to be Extell Development Company, which is led by Gary Barnett, one of the city’s top luxury residential developers. Barnett continues to decline comment.

Barnett confirmed as the developer...

http://therealdeal.com/issues_articl...-big-buildout/





Site just behind the Manhattan Bridge...

Joel Raskin





westofthehudson

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Last edited by NYguy; Feb 2, 2013 at 2:37 PM.
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  #4  
Old Posted Feb 2, 2013, 5:56 PM
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Great site for a special building---I'm glad Barnett like quality design!
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  #5  
Old Posted Feb 2, 2013, 6:37 PM
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Eh. It's totally cut-off from the rest of Manhattan. Everything along the East River down there is dominated by public housing--it really needs to be demolished before the neighborhood can recover.
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  #6  
Old Posted Feb 2, 2013, 7:16 PM
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So if this looks to be a twin-towered arrangement, based on the zoning and previous plans, will Extell deliver twin supertalls? They certainly have the zoning capacity to do so.

In any case, I hope for something iconic, which will anchor this riverfront neighborhood. This area has massively improved in recent years.
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  #7  
Old Posted Feb 2, 2013, 7:17 PM
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Originally Posted by babybackribs2314 View Post
Eh. It's totally cut-off from the rest of Manhattan. Everything along the East River down there is dominated by public housing--it really needs to be demolished before the neighborhood can recover.
There's some public housing in the neighborhood, but most of those waterfront postwar "project" type highrises in this part of the waterfront aren't public housing.

They're mostly middle income housing or sometimes regular market-rate housing.
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  #8  
Old Posted Feb 2, 2013, 7:26 PM
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^ Either way, they're all hideous, and restoring the street grid with street level retail would do wonders for the area. I wouldn't expect a whole lot in terms of design here, as we're almost certainly looking at rentals, but who knows.
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  #9  
Old Posted Feb 2, 2013, 7:32 PM
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Really wish they found a way to keep the supermarket open.

Still, 1.1 MSF is a lot of air rights.
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  #10  
Old Posted Feb 2, 2013, 7:41 PM
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It'll probably be something like the twin towered developments at the end of the 42nd Street corridor. Boring glassy boxes, but still in the 700' range. That will actually be far above anything else in the vicinity, so these will have a big presence--the site is actually about half a mile from 8 Spruce.
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  #11  
Old Posted Feb 2, 2013, 7:53 PM
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Nice. Anything that can extend the skyline to this part of Manhattan is fine by me. I dont expect anything great for the site but if we can get something in the 5-600 foot range would be great; a 700 footer would be gravy.
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  #12  
Old Posted Feb 2, 2013, 8:06 PM
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Funny, I've always thought that supermarket would make a good location for something . . and sure enough I come across this thread.
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  #13  
Old Posted Feb 2, 2013, 8:09 PM
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Quote:
Originally Posted by babybackribs2314 View Post
Eh. It's totally cut-off from the rest of Manhattan. Everything along the East River down there is dominated by public housing--it really needs to be demolished before the neighborhood can recover.
Be that as it may, this site is 3 blocks from a subway stop (East Broadway F train), making it a prime site for a residential tower and putting it only minutes away from every neighborhood south of Central Park.

Also, you've got to start somewhere -- hopefully Barnett will incorporate good streetscape design into this tower.
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  #14  
Old Posted Feb 2, 2013, 9:06 PM
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It's a great location for a waterfront development, and residential developments are booming in the city. It will probably be a rental, I remember Barnett saying his next large development would be. There will be great views.

As far as the height, I would be happy with anything in the 500 ft range here. Anything more than that would be excellent. But expect Extell to develop every inch of buildable space.
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  #15  
Old Posted Feb 6, 2013, 9:25 PM
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http://www.crainsnewyork.com/article...TATE/130209950

Apt. tower likely to sprout on LES Pathmark site
Developer Gary Barnett pays $175 million for a waterfront site just north of the Manhattan Bridge that can support up to 1 million square feet of residential units.


By Daniel Geiger
February 6, 2013

Quote:

Gary Barnett, the prolific real estate developer who is in the process of raising a pair of ultra-luxury condo towers on West 57th Street in the heart of midtown, is turning his attention to the Lower East Side.

Mr. Barnett's company, Extell Development, is in contract to purchase a building site at 227 Cherry St. zoned to accommodate a building of nearly 1 million square feet for around $175 million.

The parcel just north of the Manhattan Bridge, along the East River, was home to a Pathmark Stores Inc. grocery store. Since the store closed, there have been concerns about reopening a supermarket at that location voiced by the community, according to written reports. The site will likely become a high-rise rental tower with both market-rate and affordable units.

The deal is the biggest yet amid a recent uptick of interest in residential development in the area. In recent months, the city announced it would seek developers to build a long-delayed 2-million-square-foot residential complex on parking lots at Seward Park, only a few blocks north of Mr. Barnett's Cherry Street project. That project is expected to help propel the neighborhood's transition from a once-gritty precinct known for its rowdy nightlife to yet another thriving residential district of the city.

James Nelson, a broker with Massey Knakal Realty Services who has handled a number of recent property sales on the Lower East Side, said that developers have been eager to bring new projects out of the ground there because of an influx of residents.

"A lot of renters have been pushed to the Lower East Side in search of value as rents have risen in areas like the West Village and Tribeca," Mr. Nelson said. "Bruce Ratner's 8 Spruce Street is only about 10 blocks south of there and he was able to get $80 per square foot rents, which was a rate that no one thought could be achieved there just a few years ago."

Mr. Barnett, who wouldn't comment on the Cherry Street deal, has been one of the most active residential builders in the city. He is in the process of finishing One57, a condo tower overlooking Central Park, along with another residential building just west of that site that will be home to a Nordstrom department store in its base.

One msf is a pretty good amount for this site...










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Last edited by NYguy; Feb 6, 2013 at 9:39 PM.
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  #16  
Old Posted Feb 7, 2013, 8:31 AM
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http://www.boweryboogie.com/2013/02/...site-for-175m/

Extell Purchases Pathmark Site for $175M









February 7th, 2013 by Elie

Quote:
It was the worst-kept secret in downtown development. For months, the community operated under the assumption that the Extell Development Company was to purchase the Pathmark site at 227 Cherry Street. That speculation was finally confirmed yesterday, with Crain’s reporting that Gary Barnett and company are in contract to acquire the property for a whopping $175 million. Not a typo.

Zoning in that area allows for 1 million square-feet of development, likely earmarked for residential. What this means is luxury living encroaching on the stomping grounds of lower income residents in the immediate vicinity. Do you really think a Pathmark will support the newcomers in the complex? Fuck no.

Plus, when these towers finally rise, future tenants will likely complain about the Coleman Skatepark…
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  #17  
Old Posted Feb 8, 2013, 1:24 AM
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The Manhattan Bride is such a landmark, I really do hope Extell goes with one tower here instead of two stocky towers, something that rises above the bridge tower so it doesn't form a "cluttered" view.


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Old Posted Mar 4, 2013, 1:53 PM
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Looking at the Domino proposal, I get a feel we are really combining two of my favorite New York elements - skyscrapers and bridges.
I'm really hoping for something distinctive here, a local icon that can help bridge the various areas of the east river cityscape, yet complements the bridge.


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  #19  
Old Posted Mar 4, 2013, 7:53 PM
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I agree NYguy, given what were getting at the Wburg bridge im confident that the developers will want to put an iconic landmark here as well. Hopefully we can stat redeveloping the areas around and between the Brooklyn and Manhattan bridge's which IMO have always been wasted on the gaudy public housing projects.
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  #20  
Old Posted Mar 4, 2013, 9:18 PM
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^ Yeah, I think the east river waterfront is undergoing as big a transformation as the skyline, in terms of change.
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